Tata Motors to Hike Car Prices by Up To Rs 60,000 From April 1

Business

oi-Staff

By Staff

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Updated: Tuesday, March 20, 2018, 18:03 [IST]

Tata Motors today said it would hike prices of its passenger vehicles (PV) by up to Rs 60,000 from April 1 to offset rising input costs. The company sells a range of passenger vehicles beginning with Gen X Nano at a starting price of Rs 2.28 lakh to premium SUV Hexa with the price going up to Rs 17.42 lakh (ex-showroom Delhi).

He, however, said the company is optimistic about maintaining its growth trajectory in the coming year on the back of a "robust product portfolio like Tiago, Hexa, Tigor, and Nexon". Last week, German luxury carmaker Audi announced price hike in the range of Rs 1-9 lakh, effective April 1 to pass on the impact of increased customs duty in the Budget.

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